21. (0.2 point) The bond analysis method by which an analyst compares the intrinsic value to the current market price is: (a) internal rate of return.

(b) average rate of return. (c) net present value.

(d) profitability index.

22. (0.2 point) The most accurate method of finding a bond's intrinsic value is to use as a discount rate: (a) treasury issue rate.

(b) the investor's personal return requirement.

(c) S & P's 500 dividend yield rates.

(d) spot rates.